Diller Joins the Layoff Fray, But Not How You Might Think

Media titan Barry Diller had choice words for CEOs who are dealing with layoffs: essentially stop yer whining.

Diller told a Reuters summit: “The idea of a company that’s earning money, not losing money, that’s not, let’s say
‘industrially endangered,’ to have just cutbacks so they can earn another $12 million or $20 million or $40 million in a year where no one’s counting is really a horrible act when you think about it on every level.

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